PRINCETON — Brad Schaufenbuel, director of information security at Midland States Bank, recently presented a program about Online Banking Fraud Prevention to the Princeton Rotary Club at its weekly meeting. Schaufenbuel has 17 years of experience managing information security, and business continuity and disaster recovery programs at financial institutions. He is a regular conference speaker within his field and has authored multiple books and articles on the subject of Online Banking Fraud.
In his presentation, Brad covered key points to remember regarding fraud techniques, the fact that fraudsters are organized and sophisticated and that the results of online fraud can be devastating to both individuals and businesses. He also shared tips on how we can reduce exposure to online banking fraud by using a dedicated PC for online banking, keeping anti-virus definitions up to date, reviewing accounts regularly and reporting unusual transactions to the customer’s bank immediately.
Anyone interested in joining the Princeton Rotary Club should contact Lou Anne Kenwick, Rotary president, or any Rotary member.
The club meets every Tuesday at 12:00 noon at the Princeton Elks Lodge.